Tag Archives: institute for supply management

Service sector expanded in March at slower pace

WASHINGTON — The U.S. service sector expanded in March for the 16th straight month, although growth slowed from the previous month’s pace, which was the fastest in more than five years. The Institute for Supply Management, a private trade group, ...

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Manufacturing expanding, but raw materials are rising

WASHINGTON — U.S. manufacturers expanded at the fastest pace in nearly seven years last month, but a sudden rise in the price of raw materials could threaten their profits. The Institute for Supply Management said Tuesday that its index of ...

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U.S. factories have best month in nearly 7 years

WASHINGTON — The best month for U.S. factories in nearly seven years is brightening the outlook for job growth. Companies are exporting more construction and mining equipment, and Americans are buying more cars, appliances and computers. The Institute for Supply ...

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Service firms grow at fastest pace since 2006

WASHINGTON — Strong consumer demand pushed a key measure of the economy’s service sector last month to its highest level in more than four years. The Institute for Supply Management, a trade group of purchasing executives, said Wednesday that its ...

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Factories grow for 17th straight month in December

WASHINGTON — U.S. manufacturers produced more goods and booked more orders last month, a trade group says, leading to the fastest growth in factory activity since May. The Institute for Supply Management says its index of manufacturing activity rose to ...

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